McHugh Group LLC Purchases New Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE)

McHugh Group LLC acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, HoldingsChannel reports. The institutional investor acquired 1,502 shares of the company’s stock, valued at approximately $287,000.

A number of other hedge funds also recently bought and sold shares of the company. Alpha Financial Partners LLC acquired a new position in iShares S&P 500 Value ETF in the 3rd quarter worth approximately $7,385,000. Fulton Bank N.A. purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at $216,000. Mather Group LLC. boosted its position in shares of iShares S&P 500 Value ETF by 31.6% in the third quarter. Mather Group LLC. now owns 8,326 shares of the company’s stock worth $1,642,000 after buying an additional 1,998 shares during the period. Axiom Advisory LLC grew its holdings in shares of iShares S&P 500 Value ETF by 1.8% during the third quarter. Axiom Advisory LLC now owns 3,392 shares of the company’s stock valued at $646,000 after buying an additional 61 shares in the last quarter. Finally, Stordahl Capital Management Inc. raised its position in iShares S&P 500 Value ETF by 9.0% during the third quarter. Stordahl Capital Management Inc. now owns 20,078 shares of the company’s stock valued at $3,949,000 after buying an additional 1,663 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.4 %

Shares of NYSEARCA IVE opened at $196.47 on Thursday. iShares S&P 500 Value ETF has a one year low of $173.01 and a one year high of $206.63. The business has a 50-day moving average price of $195.61 and a two-hundred day moving average price of $195.08. The firm has a market capitalization of $35.20 billion, a PE ratio of 23.79 and a beta of 0.81.

About iShares S&P 500 Value ETF

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics.